The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
August 8, 2019Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what鈥檚 happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
US Rushes to Ready New China Duties as Companies Fret Pain
The Trump administration is rushing to finalize a list of $300 billion in Chinese imports it plans to hit with tariffs in a few weeks鈥 time, as U.S. companies make a last-ditch appeal to be spared from the latest round of duties.
August 8, 2019Oregon DOT Launches Education Campaign on Transportation Funding
The Oregon Department of Transportation on Aug. 6 launched Keep Oregon Connected to educate the public on transportation funding needs.
August 8, 2019Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says
New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.
August 8, 2019Senate Highway Bill鈥檚 Freight Plan Touts Infrastructure Resiliency
Tucked into highway policy legislation that the Senate Environment and Public Works Committee recently advanced is a provision calling for possible strategies to prepare for the impact of severe weather events as part of a nationwide plan for improving freight connectivity.
August 8, 2019Consumer Confidence Drops Most in 10 Months
Sentiment among U.S. consumers fell the most in almost 10 months, led by dimmer views of the economy as market turmoil returned on another flareup in the U.S.-China trade war.
August 8, 2019Drop in Jobless Claims Shows Firm Labor Market
Applications for U.S. unemployment benefits declined for the second time in three weeks, indicating the labor market is holding steadfast in the face of slower global demand and trade tensions.
August 8, 2019ELDT Compliance Urged Despite FMCSA鈥檚 Proposed Delays
Despite proposed delays regarding certain parts of the federal Entry Level Driver Training rule, commercial driver license training schools shouldn鈥檛 dawdle as the rule鈥檚 upcoming effective date nears, according to training expert Jim Butler.
August 7, 2019Jack Cooper Files for Bankruptcy, but Pledges 'Business as Usual'
Despite filing for bankruptcy, it will be 鈥渂usiness as usual鈥 for Jack Cooper Ventures Inc.
August 7, 2019Canadian Trucking Alliance Urges Provinces to Adopt ELDs
The Canadian Trucking Alliance has initiated conversations with transportation ministers in an effort to encourage adoption of electronic logging devices at the provincial level.
August 7, 2019Trending
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